Patek Philippe - The Hong Kong Watch Auction: SIX Hong Kong Monday, May 28, 2018 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2014
    Reference No: 5271/12P-001
    Material: Platinum and ruby
    Calibre: Manual, cal. 29-535 PS Q, 33 jewels
    Bracelet/Strap: Patek Philippe crocodile
    Clasp/Buckle: Platinum and ruby-set Patek Philippe deployant clasp
    Dimensions: 41mm. Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: With Patek Philippe wooden presentation box, Certificate of Origin, leather envelop, product literature and outer packaging

  • Catalogue Essay

    Combining a complicated mechanism with a stunning ruby-set bezel and lugs, along with ruby-set clasp, the reference 5271/12P is a wonderful symbiosis of haute horlogerie and joaillerie. Released in 2014 as a jeweled version of the reference 5270, this was the first model offered in platinum, and featured a black lacquered dial with ruby-set 12-hour marker.

    The Grand Complications watches by Patek Philippe are highly desirable and collectible and the reference 5271/12P embodies the spirit of these masterpieces. Produced in diamonds, emeralds, sapphires and rubies like the present watch, both the references 5270 and 5271 featured the caliber 29-535, Patek Philippe’s in-house movement, which replaced the Lemania caliber that had been used since 1986.

    This ruby-set perpetual calendar chronograph wristwatch remains factory double sealed. The present watch is new and as confirmed on the original certificate of origin, it has 89 baguette-cut rubies for a total of 5.3 carats.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Σ1029

Ref. 5271/12P-001
A rare and superlative platinum and ruby-set perpetual calendar chronograph wristwatch with moonphase and leap year indication, with original presentation box, certificate of warranty and in original factory double seal

Circa 2014
41mm. Diameter
Case, dial, movement and clasp signed

Estimate
HK$1,920,000 - 2,500,000 
€211,000-275,000
$246,000-321,000

Sold for HK$2,250,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: SIX

Hong Kong Auction 29 May 2018